2026 military data comparison
Nicaragua vs Panama Military Power
Compare Nicaragua and Panama across 21 available personnel, equipment and spending indicators. MilitaryDex ranks Nicaragua #84 and Panama #126 in the 2026 edition.
Nicaragua
1.5Strength Score
8 indicators higher
Panama
0.5Strength Score
3 indicators higher
Comparison at a glance
Higher MSS score
Nicaragua
1.5 vs 0.5
Indicators higher
8–3
10 tied
Global ranks
#84 / #126
of 145 profiles
Defense budgets
$1.3B
vs $1.1B
Category scorecard
Manpower1 – 1 – 1
Air force0 – 3 – 2
Navy1 – 4 – 0
Army and ground forces4 – 1 – 0
Financial and strategic2 – 1 – 0
Largest reported differences
Tanks: Nicaragua
Nicaragua 186 · Panama 0
Towed artillery: Nicaragua
Nicaragua 347 · Panama 0
Multiple-launch rocket systems: Nicaragua
Nicaragua 151 · Panama 0
Paramilitary: Panama
Nicaragua 5,500 · Panama 80,000